Which of the Following Is Not an External Force of Change

question 80

Multiple Choice

Which of the following is not an external force of change?

• A) Workforce
• B) Economic changes
• C) Government laws and regulations
• D) Marketplace

Understand the concept of the short-run industry supply curve and how it is influenced by fixed and variable costs.

Analyze the concept of market equilibrium price in the context of supply and demand, and the impact of external factors.

Explore firm-level decision-making in response to quantity discounts and the implication for profit maximization.

Examine the effect of government actions on market prices and equilibrium.

---

Definitions:

Realistic

Pertaining to or resembling a real-life situation or practical considerations, often grounded in factual and pragmatic thinking.

Zeigarnik Effect

A psychological phenomenon in which people remember uncompleted or interrupted tasks better than completed tasks.

Intrusive Thoughts

Unwanted, involuntary thoughts, images, or impulses that can occur in the mind, causing distress or discomfort due to their disturbing nature.

Goal Pursuit

The ongoing process of planning and taking actions towards achieving personal or organizational objectives.